Search

Results for:

Main Menu

The Finance Ministry offers interesting and varied opportunities both in Germany and abroad. Globalisation, the continuing threat to our security from international terrorism, and Germany’s growing responsibilities – not just in Europe but all around the world – have meant that the Finance Ministry’s work has become more international in recent years.

On 1 December 2016, Germany assumed the G20 presidency for a period of one year. This website contains information on the organisation and work of the G20, including details on the G20’s fiscal policy agenda, the schedule for the German presidency and key meetings in the Finance Track.

The German Finance Minister is the member of government responsible for all aspects of Germany’s fiscal and tax policy, the general scope of economic and monetary policy, and the preparation of the federal budget and financial plan. He is assisted by two permanent state secretaries.

Shap­ing an in­ter­con­nect­ed world

To commemorate Germany’s G20 presidency, the Federal Ministry of Finance issued a special-edition postage stamp. The stamp depicts a reef knot, which Germany selected as the logo for its G20 presidency. The special edition stamp has a value of 70 cents and entered circulation on 1 March 2017. It is available for purchase at Deutsche Post retail outlets.

Number8

The G20 was originally launched in 1999. During the global financial crisis of 2008 2009, it grew into the leading forum for coordinating economic policy at the global level. The G20 encompasses the world’s 19 largest advanced and emerging economies, together with the European Union. By taking on the presidency this year, Germany is responsible for organising and hosting a wide range of events, including working-level meetings, ministerial meetings and the summit of heads of state and government. This year’s summit will take place in Hamburg in July.

In the Finance Track, Federal Minister of Finance Wolfgang Schäuble and Deutsche Bundesbank President Jens Weidmann will chair the meetings of G20 finance ministers and central bank governors until the end of 2017. G20 finance ministers and central bank governors meet several times a year at various international conferences and summits. In addition, the G20 organises its own separate meeting of finance ministers and central bank governors: this year’s meeting will take place in Baden-Baden, where Minister Schäuble and President Weidmann will welcome their international counterparts for two days of talks on 17–18 March 2017. Representatives from the European Union and other international organisations will also attend the meeting.

Commenting on this year’s German presidency, Minister Schäuble stated:

The G20 is the most important forum for the international coordination of economic policy, and it is a driving force in advancing global governance. By coordinating among the members of the G20 – for example, in the area of financial market regulation – we have made the global economy more resilient. Global problems can be solved only through international cooperation.

The logo of Germany’s G20 presidency is a reef knot, which symbolically ties together the many topics that require – and benefit from – close cooperation among the G20 in today’s interconnected world. Reef knots are particularly useful for tying things together when powerful pulling forces are at work. It is a symbol that is also perfectly suited to the long maritime and cosmopolitan history of Hamburg, where the G20 summit will be held. The logo served as the basis for the special stamp design, which was produced by Annette le Fort and André Heers of Berlin (G20 presidency logo design by Scholz & Friends Berlin GmbH).

The special edition stamp has a value of 70 cents and entered into circulation on 1 March 2017. It is available for purchase at Deutsche Post retail outlets.